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$276,464

NAL Estimated Property Value

2919 Barbee St Apt 4, Houston, TX, 77004

$284,178 ARVInfo
Off MarketInfo
CommercialInfo
Beds2 Beds
Baths— Bath
Baths2,300 Sq Ft
price_per_sqft$210.87 / sqft
Year BuiltBuilt in 1946

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms —Bathrooms —
AppliancesRange, Refrigerator
FlooringLaminate, Tile

Exterior

Lot Size2,500 sqft

Building Information

Year Built1946

Land Information

APN0611630290012
SubdivisionWashington Terrace
Land UseCommercial
Legal DescriptionTR 12A BLK 29 WASHINGTON TERRACE
Census Tract312700
Assessed Land Value$85,000
Assessed Improvement Value$191,464
Assessment Year2025

About this property

This well-maintained fourplex of 2 bed, 1 bath units is ideally located next to TSU and just minutes from UofH, the Medical Center, downtown Houston, and all major sports stadiums. With a high occupancy demand and typically 100% leased, this property offers a solid investment opportunity. Three units are currently occupied, with one unit vacant, making it easy to tour. The layout is spacious and functional, with each unit featuring central air conditioning and no gas on the property for easier maintenance. The entire property underwent a full water pipe conversion from galvanized to PEX plumbing, and each unit has its own water shut-off. Additionally, all appliances (stoves and refrigerators) will transfer to the new owner. The property has never flooded, including during Hurricane Harvey. This fourplex is a great option for owner-occupants who want to live in one unit and rent out the others. The potential is endless for investors and buyers alike.

Investor Tools

Property Icon
$276,464
Estimated Property Value
$447,286Estimated Mortgage Balance
$276,464Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$284,177
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,910 /month
Positive
Cash Flow Estimate:
$970 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$605/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,882
$276,464
2025
$85,000
$191,464
$276,464
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,882
$276,464

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Aspire Mortgage Advisors Llc
Conventional
$456,000
No
First
Apr 29, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$447,286
N/A
0%
162%
$2,734/mo

City: Houston

2919 Barbee St Apt 4 | Property Details | No Agent List